The Golden Lounge

[MONEYMADE]

When no one Not even the SEC knew what number of shares were sold into the market IMO...the poster said 200,000
Not far off from the 180,00 that has come to light of day.

-May27,2005
"Now someone would ask WHY/WTF the company issued the TRILLION shares to cover the short while the company blamed an individual and computer entry error. A source from West Palm Beach indicated that the person who sold short is CEO’s wife. So, what Robert W Pearce must do was to save himself from the trouble. He got a genius idea to increase share number to cover all forward split dividend and still have big chunk left for him. The source said the shorts are around 200,000 – 250,000 shares. If using 250,000 to calculate due bill, then 0.75 trillion shall be issued to new shareholders. After 250 trillion shares are issued and cover all due bills, then Bob will do R/S again to bring it back to 25 million common shares by use of 10 M to 1 reverse split. Hmmm… genius idea, isn’t it? One error Bob overlooked again is when the new 250 Trillion shares are making the way to the trading floor, SEC takes note. This morning SEC suspended GVRP trading. "

source:http://www.ragingbull.lycos.com/mboard/boards.cgi?board=GLVP&read=468